For Sale: 280 Rainbow Falls Way, Chestermere, AB - REW
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$1,040,000
5 bd 5 ba 2519 sf House

280 Rainbow Falls WayChestermere, AB, T1X 0T1

  • 5 Bed
  • 5 Bath
  • 2519 Sqft
  • House

About this home

Welcome to elevated lake living in the highly sought after community of Rainbow Falls in Chestermere Lake. Perfectly positioned backing onto the canal and green space, this exceptional Douglas Homes built residence offers the ultimate blend of luxury, functionality, and lifestyle. Launch your paddleboard from your backyard and be on Chestermere Lake within minutes, all while enjoying unobstructed views, southern exposure, and no rear neighbours. Offering over 3,441 sq. ft. of professionally developed living space, this stunning walkout home features 5 bedrooms, 4.5 bathrooms, a custom developed south facing walkout basement, and a triple attached garage, all situated on a generous 5,495 sq. ft. lot. Meticulously maintained and extensively upgraded, the property boasts more than $140,000 IN PREMIUM ENHANCEMENTS, including a professionally developed basement featuring engineered hardwood flooring, custom solid oak doors, a custom built Irish pub style bar, and additional soundproofing insulation -2016 ($40,000); custom wine cellar –2021 ($21,000); motorized blinds throughout the home -2022 ($25,000); motorized privacy screens on the lower patio -2022 ($20,000); retractable balcony awnings with built-in wind sensors -2020 ($11,000); central air conditioning -2022 ($9,000); irrigation system servicing the lawn, garden boxes, and balcony planters -2025 ($4,000); new upper-level flooring -2024 ($3,500); new hot water tank -2023 ($2,613); fresh paint throughout key living areas and the primary bedroom -2025 ($2,500); and balcony privacy glass panels -2024 ($2,500). The thoughtfully designed floor plan combines elegant finishes with practical family living, while the south facing walkout basement and expansive outdoor spaces create the perfect setting for entertaining or relaxing while taking in the tranquil canal views. Located just steps from walking and biking pathways, Chestermere Lake, schools, shopping, restaurants, coffee shops, and everyday amenities, this is a rare opportunity to own one of Rainbow Falls' most desirable canalfront-inspired properties. Book your private showing today.
Listed by: Brad Herman, CIR Realty

Home facts and features

Price details
List Price
Home facts
Bedrooms
5
Full Bathrooms
4
Partial Bathrooms
1
Parking Spaces
3
Property Type
House
Lot Size
5663 ft²
Frontage
50.26 ft
Year Built
Built in 2015 (11 yrs old)
Style
2 Storey
Heating Type
In Floor,Fireplace(s),Forced Air
Cooling
Central Air
Pool
Pool
Basement Details
Full
Features
Awning(s), Back Yard, Backs On To Park/green Space, Balcony, Bar, Bbq Gas Line, Built-in Features, Ceiling Fan(s), Creek/river/stream/pond, Double Vanity, Few Trees, Fishing, French Door, Front Yard, Garden, Gas, Granite Counters, Kitchen Island, Lake, Landscaped, Lawn, Lighting, Living Room, Low Maintenance Landscape, No Neighbours Behind, No Smoking Home, Open Floorplan, Other, Pantry, Park, Pond, Private Yard, Rectangular Lot, Schools Nearby, Street Lighting, Street Lights, Sump Pump(s), Three-sided, Underground Sprinklers, Upper Level, Walk-in Closet(s), Walking/bike Paths, Wet Bar, Wired For Sound
Amenities
Clubhouse, Golf Course, Playground, Shopping Nearby, Tennis Courts
Appliances
Central Air Conditioner, Dishwasher, Garage Control(s), Gas Range, Microwave, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
Agent details
Primary Agent
Primary Broker
CIR Realty
Listing details
Days on REW
1 Day
MLS® Number
A2315050
Source
Pillar 9
Board
Calgary Real Estate Board
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Purchase Price
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Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Our Lady Of Wisdom School
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  • In Catchment
Rainbow Creek Elementary School
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  • In Catchment
Chestermere Lake Middle School
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  • In Catchment
East Lake School
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  • In Catchment
St. Gabriel The Archangel School
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  • In Catchment
Prairie Waters Elementary School
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  • In Catchment
Chestermere Learning Connection
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  • In Catchment
Tyndale Christian School
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  • In Catchment
Prince Of Peace Lutheran School
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Khalsa School Calgary Educational Foundation
  • n/a
  • -
  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-05.